Martin Geddes – If I had advertised this article with a headline promising a list of my favourite chocolate recipes, it would have been a flat out lie. Much as I adore chocolate, there is not a single suggestion here of how best to consume it. Your loss would have been limited to a few seconds of your time as you realised the promise was mismatched to the text. I would have made no gain at your expense; just a hit to my public reputation. It would have been a foolishness, but not a fraud.
Whereas, if I had decided to promote new “GeddesCoin” — the crypto token “guaranteed to make you rich or your money back” — that would have been a real fraud. I could create a token and sell it for British pounds, and make all kinds of claims about its benefits, and spuriously reassure you of (non-existent) financial protection. It might make me rich, albeit briefly, but then I would probably go to prison for having stolen your money. Continue reading →